KNOWLEDGE MARINE & ENGINEERING WORKS LIMITED

Ship Builders, Repairers, Charterers and Marine Contractors

CIN: L74120MH2015PLC269596

Ref: KMEW/BSE/Reg-30/2024-25/08 Date: 29th May, 2024

To,
Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001
Dear Sir/Ma’am,

Scrip Code Symbol ISIN

543273 KMEW INE0CJD01011

Sub: INVESTOR PRESENTATION ON ANNUAL AUDITED FINANCIAL

RESULTS OF THE COMPANY FOR FINANCIAL YEAR ENDED 31ST
MARCH 2024

Pursuant to provisions of Regulation 30 of Securities and Exchange Board of

India (Listing Obligation and Disclosure Requirement) Regulation, 2015, as
amended, please find attached herewith the investor presentation on the Annual
Audited Financial Results of the Company for the financial year ended on 31st
March 2024.

The same is being made available on the Company’s website at www.kmew.in.

Kindly take the above on record and oblige.

Thanking You,
Yours Faithfully,
For Knowledge Marine & Engineering Works Limited
AVDHOOT Digitally signed by
AVDHOOT AJAY
AJAY KOTWAL
Date: 2024.05.29
KOTWAL 13:38:48 +05'30'

Avdhoot Kotwal
Company Secretary & Compliance Officer
Encl.: a/a

Regd Office: Office no 402, Sai Samarth Business Park, Deonar Village Rd, Govandi (East), Mumbai – 88
Phone: 022 – 35530988 E-mail: info@kmew.in, Website: www.kmew.in
Listed on BSE SME exchange (KMEW | 543273 | INE0CJD01011)
Knowledge Marine & Engineering Works Ltd.
Earnings Presentation | May 2024
Safe Harbor
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the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward
looking statements or other projections Important factors that could cause actual results, performance or achievements to differ materially include, among others : (a) our ability to
successfully implement our strategy, (b) our growth and expansion plans, (c) changes in regulatory norms applicable to the Company, (d) technological changes, (e) investment income,
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This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person The Company
may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes

2
KMEW: Driving Port Growth, Sand Mining Contracts, and Dredging Innovations
KMEW: Robust Orderbook, Port Growth, and Asset Development New Horizons: IWAI, Myanmar, and Advanced Dredging Equipment

Order Book (Rs Cr)

Entered the Cutter Secured our first
Successfully secured two
Section dredger market independent
contracts from IWAI,
164 to execute the IWAI international contract
totaling Rs 171.2 Cr. This
733 will be our next key focus
project, and we are from Myanmar Port
confident in completing Authority, highlighting
and growth area.
the work on time our expertise

Bahrain Success: Sand Mining Contracts Underway

694

203 Rs 450 Cr ~Rs 15 Cr

Total Order Book . Total Execution in H2FY24

ü First Indian entity licensed for marine sand extraction in Bahrain.

ü Acquired and deployed River Pearl 18 for sand mining contracts.

Order Book New Orders Orders Executed Total Order Book
(as on’Mar 23) Won (FY24) (as on May’24) ü Successful commencement of Bahrain Operations

3
Charting Success: Key Highlights from KMEW's Noteworthy Achievements

We have successfully secured two contracts from the Inland Successfully executed initial capital and maintenance dredging at
Waterways Authority of India (IWAI), totaling Rs 171.2 crore. These Sittwe Port, Myanmar, demonstrating expertise with a project
01 contracts represent a significant milestone for our company and will 07 value of Rs. 248 crores and a dredging quantity of 16.73 million
become our next key focus and growth area. cubic meters.

Achieved a remarkable milestone by successfully commencing the Singularly qualified KMEW to bid for dredging contracts
02 Bahrain Operations with a lucrative sand mining contract, marking 08 amounting to Rs. 300 crores, underscoring industry trust and
a significant accomplishment capability.

Achieved a significant milestone by securing repeat and third

consecutive international order, valued at USD 4.85 million, marking Exclusively qualified KMEW to enter into rock dredging contracts,
03 09 emphasizing expertise and credibility in this specialized field.
a substantial increase from the previous order of USD 2.20 million
received in October 2023

Secured the first-ever contract from Mumbai Port Authority, valued Successfully deployed River Pearl 10 in fulfilling contractual
04 at Rs. 34.69 crores (excluding Fuel Consumption Cost), for the 10 obligations under Deendayal Port Authority, showcasing
exclusive hire of Two Dock Tugs over an impressive 7-year term and operational efficiency
have entered the Tug business.

Successfully secured a contract from Paradip Port Authority for the Acknowledged as one of the Top 1000 Companies based on
05 supply, on hire, of a 20 knots speed patrol boat along with 11 Market Capitalization as per BSE, reinforcing KMEW's financial
manning for a 5-year period, amounting to Rs. 5.03 crores strength and market prominence

Accomplished successful rock dredging work at Mangrol Fishing

06 Harbour, achieving a significant project value of Rs. 78 crores and
executing a rock dredging quantity of 1.25 lakhs cubic meters

4
Track Record of Execution & Delivery
Secured our first contract from IWAI,
marking our entry into inland waterways

Secured first independent international

Procurement of first TSHD and successful contract from Myanmar Port Authority
deployment of the same at Kolkata Port Setup of Branch Overseas at Yangon,
Myanmar Entered Bahrain market with substantial
Deployed River Pearl 1
Completion of 1 Million order book, achieving Waste-to-Wealth
Began with managing Survey-cum-pilot boat at
Cubic Meters of Dredging Acquisition and major repairs and vision
repair and refit Kolkata Port for 7 years contract
under single order at Kolkata Port by TSHD River modification of 1,700 Cubic Meters Trailing
operations of ships Pearl 4 Suction Hopper Dredger “River Pearl 8” Maiden Contract with Mumbai Port
Flagging off ceremony of River Pearl 1 by Shri
Authority
Owning, Hiring & Chartering of Anchor Mansukh Mandaviya (Minister of State for
Successful Completion of two and half years of Successful deployment of TSHD River Pearl 8
Handling Tug to a Private organisation Ministry of Shipping GOI)
deployment of River Pearl 1 and River Pearl 2 at Sittwe Port, Myanmar Build significant order book by adding
contracts from from Bahrain, Mumbai Port,
IWAI, Paradip Port , Myanmar Port

Successful completion of Sittwe Project and

Rock dredging work with DCI..

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

Winning of First big value order of 88

crores from Kolkata Port for
Received maiden government contract from Successful listing of Company’s share at BSE SME Acquisition of 1st Rock Dredging Contract from DCI at
Kolkata Port trust maintenance dredging for 5 year period Platform on 22nd March 2021 Mangrol Fishing Harbour
Acquisition & conversion of Hopper Barge Pioneering as the first-ever entity to Award of first International Addition of Hopper Barge River Pearl 11 and Backhoe
River pearl 2 into Grab Dredger introduce TSHD technology at Kolkata Contract from Ministry of Dredger River Pearl 12
Port for 5 years External Affairs for Dredging work at Sittwe,
Won contract from Kandla Port for Walkway Myanmar Deployment of River Pearl 9 into Contract from
fabrication Construction of Pilot Boat Visakhapatnam Port
River Pearl 3 and starting of the work at
Vizag Port Construction of first ASD Tug River Pearl 10

5
KMEW - A global player today
Key Services Major Customers
Dredging Owning, Operating and Chartering of Ship Building and Repair of Marine
• Capital Dredging Port Ancillary Crafts Crafts Domestic Contracts
• Maintenance Dredging • Pilot Boats • Building Ships, Boats etc.
o Deendayal Port Authority
• Fast Speed Patrol Boats for Security • Repair, refit services of marine crafts
& Patrolling Services o Haldia Port Authority
• Mooring Boats
• Service Boats o Kolkata Port Authority
• Tugboat (New Expansion)
o Paradip Port Authority
Key Highlights
o Vizag Port Authority
Lower capex due to in-house capability of o Dredging Corporation of India
EBITDA margins of 30%+ on a sustainable basis
designing and building fleets
o RKEC Projects Ltd
Revenue and cash flow visibility due to long contract Securing substantial contracts from international o Mumbai Port Authority
tenures > 2 years markets, marking our entry into the global arena
International Contracts
Prudent business model with capex investment only
RoCE 22 % o Kaladan Multi-Modal Transit Transport
post contract wins
Project (KMTTP), Sittwe, Myanmar (by
Ministry of External Affairs)
o Yangon River Dredging Work from
Rs. 166.70 Cr 200+ Rs. 733 Cr
Mynmar Port Authority
Total Income ( FY24) Employees Orderbook (as on
May’24) o Secured Five Contract for Sand Mining
in Bahrain
6
Our Assets & Services
Dredging Services

What is Dredging Dredging Process Dredging Types KMEW Projects

• Process of removal of Excavation of the material Capital Dredging: Removal of

01 from the sea/riverbed
sediments and debris from the sediments which have not been • Sittwe Port, Myanmar
bottom of oceans and harbors previously dredged. Virgin • Mangrol Fishing Harbour
to create navigable waterways sediments, channel creation for
• Veraval Fishing Harbour
for shipping traffic at ports larger vessels
• Reclaiming dredged material to
Transportation of the
create new land
02 loosened material using
• Environmental dredging is dredger
undertaken to remove Maintenance Dredging: Removal
pollutants from the water of sediments accumulated in the • Kolkata Port
bodies channel since the previous • Haldia Port
dredging project • Yangoon Port, Myanmar
• Underwater excavation used
to mine minerals, sand, gravel Deposition of dredged
03 material to spoil area
and gold
• Dredging of dams and rivers to
remove sediments from the
reservoir

8
Dredging Marine Assets: Procured and Deployed
Vessel Gross / Net Year Built /
Dimension Loaded Engine
Vessel Description Speed Vessel Rebuilt / BHP / RPM
(L x B x D) mts Draft (mts) Make
(Knots) Tonnage Builder

2016
Grab Hopper Dredger
6 622 / 201 Dhanotra 51.0 x 12.0 x 3.6 3.1 Cummins 325 x 2
deployed at Kolkata Port
Engg Works
RP-2

Trailing Suction Hopper 2019

Dredger deployed at Kolkata 10 1,520 / 456 76.0 x 13.0 x 5.5 4.0 Smith-Man 900 x 2
Port IHC Dredgers
RP-4

Trailing Suction Hopper 2004

Dredger deployed at Yangon 1,700 x 2 /
12 2,326 / 698 Cochin 69.9 x 14.6 x5.4 4.6 Catterpillar
Port, Myanmar 1,000 x 2
Shipyard
RP-8

Self Propelled Hopper Barge Cummins 450 x 2 /

deployed at Veraval, Gujarat 8 613 / 184 2017 48.6 x 13.0 x 3.25 2.75 KT-1150 1800 x 2

RP-11

9
Dredging Marine Assets: Procured and Deployed
Vessel Gross / Net Year Built /
Dimension Loaded Engine
Vessel Description Speed Vessel Rebuilt / BHP / RPM
(L x B x D) mts Draft (mts) Make
(Knots) Tonnage Builder

Backhoe Dredger deployed

at Veraval, Gujarat - 238 / 77 2010 36.0 x 11.0 x 2.5 1.70 - -

RP-12

Trailing Suction Hopper

Dredger deployed at Bahrain
7.2 1,739 / 521 2010 80 x 13.8 x 5.6 4.5 Caterpillar 1200/1500
for Sand Mining
RP-18

Cutter Suction Dredgers Cummins

2024
Deployed for River Ganga - 135 / 40 46 x 7.5 x 2.2 1.60 Marine
Manufactured Engine 1200/1800
Project with IWAI
at China
RP-19 & 20

10
Application of Port Ancillary Services

Pilot Boat Patrol Boat Survey Boat Mooring Boat Tug Boat/Service Boat Hopper Barge

Pilot boats are small ships that Patrol boats are primarily used It is a ship or boat equipped Mooring is a procedure to Tug boat eases the Hopper barges play a crucial
take maritime pilots to vessels to patrol a country's exclusive with hydrographic survey tools anchor the ship to a fixed or manoeuvring operation of role in dredging operations.
that are arriving at the port. economic zone (EEZ), but they to determine underwater floating element and keep it vessels by forcing or tugging Hopper Barge are utilized in
Onboard, the pilot, the ship may also be used in other topography and to produce connected during loading or them towards the port. Mega maintaining and improving
captain and their crew will roles, such as anti-smuggling, high-precision charts. The unloading operations. Safe vessels can never be navigable waterways. They
assess important information anti-piracy, fishery patrols, purpose of the survey vessel is mooring must withstand manoeuvred on their own. transport sediment, silt, and
such as the vessel’s arrival immigration law enforcement, to measure the depth of water, several forces, such as wind, Also, with the increased boat other materials removed
plan, berthing location and or search and rescue to scan the seabed to locate the current, the tide and size, they need tug boats to during dredging or
other topics, to ensure safe underwater wrecks and other waves carry some of their domains maintenance activities,
passage throughout the port. underwater obstacles, and and tow them through narrow ensuring the waterways
assess the exact location of water channels remain clear and navigable for
buoys, etc vessels

11
Port Ancillary Crafts : Constructed & Deployed
Vessel Gross / Net
Year Built / Dimension Loaded Engine
Vessel Description Speed Vessel Tonnage BHP / RPM
Builder (L x B x D) mts Draft (mts) Make
(Knots) (tons)

Survey-cum-pilot 2017
boat deployed at 12 113 / 34 Katale 24.5 x 5.5 x 3.0 1.3 Cummins 600 x 2
Kolkata Shipyard
RP-1

Pilot Boat deployed at 2019

350 x 2 /
Vizag Port 14 34.66 / 10.39 Wadia 15.6 x 4.2 x 2.3 1.3 Scania
RP-3 2,300
Shipbuilders

Fast Speed Patrol Boat 2021

Cummins 455 x 2 /
for Coastal & Port 20 35 / 15 Synergy 14.8 x 4.4 x 2.10 0.9 Marine 2,100
Security deployed at Shipbuilders
RP-5 Engine
Vizag Port

Mooring Launches 2021

Ashok 120 x 2 /
deployed at Vadinar, 11 16 / 5 Synergy 11.0 x 3.5 x 1.9 1.1
Leyland 2,400
Deendayal Port Shipbuilders
RP-6 RP-7

Fast Speed Patrol Boat 2022

deployed at Vizag Port 16.4 20 / 7 Synergy 13.1 x 3.8 x 1.9 0.8 Weichai 326 x 2
Shipbuilders /2100
RP-9

12
Port Ancillary Crafts : Constructed & Deployed
Vessel Gross / Net
Year Built / Dimension Loaded Engine
Vessel Description Speed Vessel Tonnage BHP / RPM
Builder (L x B x D) mts Draft (mts) Make
(Knots) (tons)

2023
Service Boat deployed at 500 x 2 /
10.0 122 / 37 Synergy 21.0 x 7.2 x 3.0 3.0 Cummins
Deendayal Port 1,800
Shipbuilders
RP-10

Work Boats (Supporting

2024
vessels used for dredging 350 x 2 /
operations), deployed for 8.0 35/ 15 Manufactured 17 x 3.6 x 1.8 1.3 Cummins
1,800
River Ganga Project with in China
RP-21 & 22 IWAI

Fast Speed Patrol Boat for 2024

455 x 2 /
Coastal & Port Security to 20 35 / 15 Synergy 14.8 x 4.4 x 2.10 0.9 Wei Chai
2,100
be deployed at Paradip Port Shipbuilders
RP-14 (under const.)

2024
15 Ton Bollard Pull Tugs to 500 x 2 /
10.0 122 / 37 Synergy 21.0 x 7.2 x 3.0 3.0 Volvo Penta
be deployed at Mumbai Port 1,800
Shipbuilders
RP-15 and 16 (under const.)

13
Future Outlook
Dredging Industry Dynamics

Policy Support Other Opportunities

o Sagarmala, a project of Government of India (GOI) in 2015 to set up o India dredging market is expected to grow at a CAGR of nearly 4.4%
during 2020-2026. The industry is significantly driven by the increasing
mega ports; modernize ports and, develop Coastal Economic Zones demand for dredging from its major and non-major port
o Expected annual Indian market size of $300 Mn and $100 Mn for
o The new Shipbuilding Financial Assistance Policy for Indian shipyards
maintenance dredging & for capital dredging, respectively
provides financial grant, to Indian shipyards for shipbuilding contracts
o 95 % cent of Indian foreign trade volume through ports, a huge potential
for dredging and ship repair services
o The draft Inland Vessels Bill, 2020 is to address new standards of safety
o Prevailing market practice of client providing long term contracts, opens
and environment regulation and the current technology changes room for greater viability of revenue

o Make in India initiative ensures purchase preference to domestic o Dredging activity has huge potential in India with large number of
dams/ lakes in India
suppliers/contractors
o Indian inland waterways has a network of 111 National Waterways
o First right of refusal, for companies owning Indian flag dredgers, if the consisting of rivers, canals and creeks

rate is within 10% of the lowest valid offer o India has 14.5K km inland waterways and 7.5K km of coastline

15
Growth Opportunities

Order Book Visibility Other Initiatives

Orderbook Visibility
The company has expressed Participated in bidding
interest in projects worth
~Rs 1,200 cr.
01 06 for several National
Waterway projects

Till now, Order wining

success ratio of more than
02 05 Plans to tie up with Private
Organisations such as ITD
Cementation & L&T for
50%.
dredging works.

Bidding for only contracts

03 04
Exploring markets related
with a target of minimum
to Dam disiltation
30% EBITDA margin

16
Growth Strategies- New Segments

01 02 03 04

Cutter Suction National Waterways Fishing Dam & River

Dredgers (CSDs) Contracts Harbour Disiltation

o CSDs are hydraulic dredgers, have o Indian inland waterways has a o Plans of developing and operating o The company has strategic plans
the ability to dredge nearly all network of 111 National fishing harbour to engage in dam desiltation
kinds of soils and are used where Waterways consisting of rivers, projects across multiple river.
o In lieu of more opportunities,
the ground is too hard for trailing canals and creeks
intends to bid for dredging
suction hopper dredgers o As rivers carry sediment
o Several New Tenders have come contracts from fisheries
downstream, it often includes
o Plans to tie up with a strategic up for different stretches of Ganga departments
sand, which is a valuable resource
partner to create a Special Purpose and Brahmaputra rivers
widely used in construction,
Vehicle (SPV) with the objective is
manufacturing, and infrastructure
to enter sand mining segment
development.

17
Management Team
Management Team

SAURABH DASWANI KANAK KEWALRAMANI SUJAY KEWALRAMANI JAGAT JIBAN BISWAS

Managing Director Whole Time Director and CFO Chief Executive Officer Non –Executive Director

o Responsible for overall o Has over 16 years of o Over 20 years of experience in o Hold rich experience of more
management of the experience in the field of marine, dredging and shipping than 43 years in Marine,
organization with over 12 compliance, law, finance, and industry with an additional dredging and Engineering field
years of experience taxation experience of ship designing, and is an Ex HoD of Kolkata
building and repairing Port.
o Area of expertise include o Qualified Company Secretary
procurement, new building, from the Institute of Company o Prior experiences include o After graduating from T.S.
vendor management, Secretaries of India. working experience at L&T Rajendra, Mumbai in 1978,
budgeting etc. Completed Shipbuilding, Mercator and cleared Competency
o Completed LLB and PGDA with
PGDA with specialisation in Adani Ports and holds degree of Examinations on Nautical
specialization in finance from
Finance from Symbiosis. M. Sc in Naval Architect & Sciences from DG (Shipping),
Symbiosis.
Marine engineering from India.
University of New Orleans
o Awarded “CEO of The Year” by
the Indian Achievers’ Award
2022-23 & 2023-24

19
Management Team

DINESH KEWALRAMANI PINKESH KEWALRAMANI CAPT. SHAILESH BHAMBHANI ASHISH M MOHANDAS SNEHA DEVCKAR
Chief Operations Officer Chief Technical Officer Independent Director Independent Director Independent Director

o Over 16 years of experience in o Over 12 years of experience in o Seasoned maritime o Over 12+ years of experience o With over 29 years of
the field of dredging at various the field of ship building, professional with 26+ years, in the department of experience, an accomplished
major ports of India repairing, refitting, testing, driving digital transformation Marketing & sales of MNCs businesswoman specializing in
docking, and dock-planning of in shipping and managing across various states in India Insurance and Financial
o Track record of executing Consultancy
marine craft offshore assets.
contracts over Rs. 1,000 crores o Completed Post Graduate
o Bachelor's in mechanical Engg. o MBA (PgdIB) in International Diploma in Marketing from o Completed her BSC in Botany
o Masters and bachelor's in
From Ahmedabad and a Sailing Business, Executive program in Tolani Institute of from Mumbai University,
marine mechanical Engg. from
Chief Engineer Applied Finance from IIM Management Studies, Kutch Maharashtra
University of New Orleans
Calcutta, Master (Foreign and Bachelor of Science in
Going) unlimited, and Mathematics from Mahatma
Sustainable Development Gandhi University, Kottayam
Goals certified professional

20
Financial Performance
FY24 Highlights

Consolidated Financial Highlights Operational Highlight

Revenue from Operations (Rs mn) EBITDA & EBITDA Margin% PAT & PAT Margin %

Dredging % Of Revenue
Rs. 1,539.7 mn 94.1%

34.1% 30.5 % 23.4 % 20.2 %

-19% -27% -30%

686.8 472.0 Other Ancillaries % Of Revenue
2,015.3
1,635.8 498.8 Rs. 96.0 mn 5.9%
330.0

VESSEL UTILISATION
FY23 FY24 FY23 FY24 FY23 FY24 100%

22
Key Ratios
Return on Equity (%) Return on Capital Employed

52
56 45

37 32
35
22
20

FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24

Return on Assets (%)

29

23

16
13

FY21 FY22 FY23 FY24

23
Historical Financial Highlights
Revenue from Operations Rs in mn

2,015
1,636

611
333

FY21 FY22 FY23 FY24

EBITDA & EBITDA Margin (%) PAT & PAT Margin (%)

687 472

499 330

324 209
34%
53% 30% 23%
132 68 34% 20%
40% 21%

FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24

24
Leverage Profile

(Rs. mn) Mar-24 Mar-23 Total Debt / Equity (x)

Short Term Debt 184.5 199.3 1.55

Long Term Debt 417.5 42.1

Total Debt 602.0 241.4

0.63
0.56
Cash and Cash Equivalents 800.0 655.3
0.36
0.18
Net Debt / (Net Cash) (198) (413.9)

Equity 1,671 1,340 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24

All existing debt facilities are aligned with the contract tenure of specific fleets and KMEW typically repays the debt before
completion of tenure of any contract

25
Profit & Loss Statement – FY24 & FY23
Particulars (Rs. Mn) FY24 FY23 Y-o-Y %

Revenue from operations 1,635.8 2,015.3 -18.8%

Cost of Material Consumed 987.4 1,239.8
Employee Expenses 45.4 39.4
Other Expenses 104.3 49.2
EBITDA 498.8 686.8 -27.4%
EBITDA Margin (%) 30.5% 34.1%
Other Income 31.3 13.8
Depreciation 60.8 43.6
EBIT 469.3 657.1 -28.6%
EBIT Margin (%) 28.7% 32.6%
Finance Cost 39.4 23.3
Exceptional Items 0.0 0.0
Profit before Tax 429.9 633.8 -32.2%
Profit before Tax (%) 26.3% 31.4%
Tax 99.8 161.8
Profit After Tax 330.0 472.0 -30.1%
PAT Margin (%) 20.2% 23.4%
EPS (As per Profit after Tax) 30.6 45.3

26
Balance Sheet
ASSETS (Rs. Mn) Mar-24 Mar-23 Equity & Liabilities (Rs. Mn) Mar-24 Mar-23
ASSETS Equity
Non - Current Assets Equity Share Capital 108.0 108.0
Property, plant and equipment 1,066.8 588.3 Other Equity 1,562.9 1,232.0
Total Equity 1,670.9 1,340.0
Right of Use Assets 0.0 0.0
Minority Interest 25.6 26.2
Capital work-in-progress 120.4 81.0
Liabilities
Intangible Assets 0.0 0.0
Non - Current Liabilities
Financial Assets Financial Liabilities
(i) Investments 294.0 121.9 (i) Borrowings 417.5 42.1
(iii) Other financial assets 0.0 0.0 (ii) Lease Liabilities 0.0 0.0
Deferred Tax Assets 0.0 0.0 Provisions 2.1 1.6
Non - Current Tax Assets 0.0 0.0 Deferred Tax Liabilities, (net) 55.3 43.6
Other Non-Current Assets 0.0 0.0 Other Financial liabilities 0.0 0.0
Total Non - Current Assets 1,481.2 791.2 Other Non Current Liabilities 0.0 0.0
Total Non - Current Liabilities 474.9 87.3
Current Assets
Current Liabilities
Inventories 12.2 11.4
Financial Liabilities
Financial Assets
(i) Borrowings 184.5 199.3
(i) Trade receivables 432.1 558.0 (ii) Trade Payables 0.0
(ii) Cash and cash equivalents 506.0 559.9 (a) total outstanding dues of micro enterprises and small
2.5 2.5
(iii) Bank balances other than (ii) above 0.0 0.0 enterprises
(iv) Loans 0.4 0.0 (b) total outstanding dues of creditors other than micro
119.2 258.6
(v) Other Financial Assets 0.0 0.0 enterprises and small enterprises
(vi) Investments 0.0 0.0 (iii) Other Financial Liabilities 0.0 0.0
(iii) Lease liabilities 0.0 0.0
Other Current Assets 153.2 168.3
Provisions 94.3 153.9
Income Tax Assets (Net) 0.0 0.0
Current Tax Liabilities (net) 0.0 0.0
Non-current assets held for sale 0.0 0.0
Other Current Liabilities 13.1 21.1
Total Current Assets 1,103.8 1,297.6 Total Current Liabilities 413.6 635.3
TOTAL ASSETS 2,585.1 2,088.8 Total Equity and Liabilities 2,585.1 2,088.8

27
Cash Flow Statement
Cash Flow Statement (Rs. Mn) Mar-24 Mar-23 Mar-22

Cash Flow from Operating Activities

Profit before Tax 429.9 633.8 280.1

Adjustment for Non-Operating Items 71.2 53.6 45.5

Operating Profit before Working Capital Changes 501.0 687.3 325.6

Changes in Working Capital -29.3 -326.5 82.6

Cash Generated from Operations 471.7 360.9 408.2

Less: Direct Taxes paid -88.1 -148.7 -62.3

Net Cash from Operating Activities 383.6 212.2 345.9

Cash Flow from Investing Activities -719.6 -227.5 -305.3

Cash Flow from Financing Activities 282.1 349.6 69.7

Net increase/ (decrease) in Cash & Cash equivalent -53.9 334.2 110.4

Cash and cash equivalents at the beginning of the year 559.9 225.7 115.3

Effect of exchange rate changes on Cash & Cash Equivalent 0.0 0.0 0.0

Cash and cash equivalents at the end of the year 506.0 559.9 225.7

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Company :

Knowledge Marine & Engineering Works Ltd

www.kmew.in
Mrs. Kanak Kewalramani
Director & Chief Financial Officer
kanak@kmew.in

Investor Relations Advisors :

Orient Capital (a division of Link Group)

Mr. Ronak Jain

+91 9820950544 THANK YOU
ronak.jain@linkintime.co.in
Mr. Rajesh Agrawal
+91 9967491495
rajesh.agrawal@linkintime.co.in
www.orientcap.com
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